Search results
Results from the WOW.Com Content Network
The Hepburn Act is a 1906 United States federal law that expanded the jurisdiction of the Interstate Commerce Commission (ICC) and gave it the power to set maximum railroad rates. This led to the discontinuation of free passes to loyal shippers. [ 1 ]
The main role of the Bureau was to study and report on industry, looking especially for monopolistic practices. Its 1906 report on petroleum transportation made recommendations that became part of the Hepburn Act of 1906, and was used when the Justice Department successfully prosecuted and broke up Standard Oil in 1911.
Hepburn v. Griswold , 75 U.S. (8 Wall.) 603 (1870), was a United States Supreme Court case in which the Chief Justice of the United States , Salmon P. Chase , speaking for the Court, declared certain parts of the Legal Tender Acts to be unconstitutional.
The U.S. federal government had issued paper money known as United States Notes during the American Civil War, pursuant to the terms of the Legal Tender Act of 1862. In the 1869 case of Hepburn v. Griswold, the Court had held that the Legal Tender Act violated the Due Process Clause of the Fifth Amendment to the United States Constitution.
In the case of each function, the system of interchangeable parts typically involved substituting specialized machinery to replace hand tools. Interchangeability of parts was finally achieved by combining a number of innovations and improvements in machining operations and machine tools, which were developed primarily for making textile machinery.
Railroad historians mark the 1906 Hepburn Act that gave the ICC the power to set maximum railroad rates as a damaging blow to the long-term profitability and growth of railroads. [168] After 1910 the lines faced an emerging trucking industry to compete with for freight, and automobiles and buses to compete for passenger service. [77]: 348–64
When Rolling Stone ranked all then-145 cast members of "SNL," they put John Belushi in the top spot, calling him "the first rock 'n' roll star of comedy.". Belushi was another one of the seven ...
Although the MIC was bound up in its origins with the bipolar international environment of the Cold War, some contended that the MIC might endure under different geopolitical conditions (for example, George F. Kennan wrote in 1987 that "were the Soviet Union to sink tomorrow under the waters of the ocean, the American military–industrial ...